Materials by tag Cannabis

GANA Technologies, the blockchain company for cannabis industry based on AI, announced the dates of the token token public sale. It starts on May 21st and ends July 20th, 2018, with the target level of 60K ETH. GANA Technologies provides optimized AI solutions to individuals and research institutes by establishing an ecosystem which collects and shares data from the cannabis industry. The project aims to make users the indirect developers of AI as they provide the data necessary for responsible AI training.

A cannabis blockchain project hopes to disrupt the cannabis media space by unleashing a decentralized social media platform for cannabis users called Smoke.Network, based on a DPoS consensus model. DPoS, which is short for Delegated Proof of Stake, was decided as the best consensus model for the team’s project after they saw all of the massive electricity waste that Proof of Work (PoW) based blockchain platforms produced.

A cannabis blockchain project hopes to disrupt the cannabis media space by unleashing a decentralized social media platform for cannabis users called Smoke.Network, based on a DPoS consensus model. DPoS, which is short for Delegated Proof of Stake, was decided as the best consensus model for the team’s project after they saw all of the massive electricity waste that Proof of Work (PoW) based blockchain platforms produced.

Newport Beach, CA – Budbo, Inc., an enterprise suite of products focused on data analytics in the cannabis sector, is building a blockchain platform aimed at becoming the data backbone for the cannabis ecosystem. The Budbo solution, based on the Ethereum platform, will deliver security, transparency, and convenience for an industry desperately in need of all three.

The cannabis industry in the U.S. is exploding, with a projected value of $50 billion, and it is predicted to grow exponentially in the future. The buzzkill remains a lack of consistent regulations and non-standardized rules of trade across state lines, forcing much of the industry to operate in the shadows and remain essentially shunned by the nation’s established economic system.